Tuesday, August 24, 2010

QL Resources: Foreign ops to start contributing in FY12

KUALA LUMPUR: QL RESOURCES BHD [] expects earnings from its foreign operations in Vietnam and Indonesia to start contributing to the company's books in FY2012.

QL managing director Chia Song Kun said on Tuesday, Aug 24 that some of the food-based agricultural firm's operations overseas had just started.

"It's too early to give figures," Chia told reporters after the company's AGM and EGM.

QL's operations abroad have been initiated and expanded via acquisitions so far, Chia said.

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